-The Tribune The govt must fix the maximum profit margin a refinery is allowed to make FUEL prices have been rising almost daily for more than a week now. The bumps are small, 80 paise at a time. The petrol price hike philosophy appears to have been informed by a standard marketing ploy. Keep the number below a round figure and it will look less than it really is: Just as Rs...

-Newsclick.in Modi government has been mercilessly hiking up taxes on petrol and diesel to take money from the people and boost its resources. Since the prices of petroleum products were deregulated some years back and supposedly “linked” to markets, the central government has weaponised this to simply impose an indirect tax burden on the people. Take the four big metros: Delhi, Mumbai, Kolkata and Chennai. On an average, petrol prices have increased from...

In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...

-Newsclick.in The Oil Marketing Companies are arguing that the continuous increase in prices this week is due to the 15 days trail in domestic prices of fuel as compared to international markets. As a result of the regular hike since the past six days, there is an increase of 0.50 paisa for petrol and 1.04 paisa for diesel all over India. The price of petroleum products had been kept at a moderate...

-The Hindu Petrol prices rise 8-10 p, diesel rates climb 15-16 p: IOCL data State-owned Oil Marketing Companies (OMCs) increased prices of petrol and diesel across the country on Monday, a day after the last phase of Lok Sabha polls concluded. This could mark the beginning of a rising trend in fuel prices as they are once again aligned to the rising global oil prices. Petrol prices rose 8-10 paise, and diesel...